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You were given $1000 for your high school graduation. You invest it in a bank that will give you 7% interest annually. How much do
- You were given $1000 for your high school graduation. You invest it in a bank that will give you 7% interest annually. How much do you have in 4 years when you graduate from college?
- What is the future value of $5000 at 9% interest compounded annually over 10 years?
3. You purchase a US Savings bond for $2000 that offers an annual interest rate 5%. How much is it worth after 20 years?
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The Principals Guide To School Budgeting
Authors: Richard D. Sorenson, Lloyd M. Goldsmith
3rd Edition
1506389457, 978-1506389455
